Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under short-seller attack
India's Adani Group has seen the market value of its listed companies fall below $100 billion as the conglomerate struggles to calm investor nerves in the wake of a bombshell short-seller's report.
The rout in Adani stocks continued to deepen Tuesday, even after Gautam Adani, the tycoon who spearheads the group,The Indian conglomerate's 10 listed companies — with businesses ranging from power, ports, transmission, gas, green energy, and food — now have a combined equity market value under $100 billion,Shares in Adani Enterprises dropped about 3.
The group's companies have collectively lost more than $136 billion in market capitalization since US short-seller Hindenburg Research
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US announces $100 million in earthquake relief funding for Turkey and Syria | CNN PoliticsUS Secretary of State Antony Blinken on Sunday announced $100 million in disaster relief aid for Turkey and Syria as the countries grapple with the aftermath of a powerful 7.8 magnitude earthquake that has killed at least 46,000 people.
Read more »
US announces $100 million in earthquake relief funding for Turkey and SyriaU.S. Secretary of State Antony Blinken on Sunday announced $100 million in disaster relief aid for Turkey and Syria as the countries grapple with the aftermath of a powerful 7.8 magnitude earthquake that has killed at least 46,000 people.
Read more »
Disney’s New ‘Ant-Man’ Movie Brings in Over $100 Million on Opening WeekendDisney’s latest Marvel movie, 'Ant-Man and the Wasp: Quantumania,' has surpassed studio projections for its opening weekend, a company executive says
Read more »
Blinken tours Turkey earthquake zone, unveils $100 million more in aidSecretary of State Antony Blinken announced $100 million in disaster assistance during his visit to Turkey. “Search and rescue, unfortunately, is coming to an end,” he said. “The recovery operation is on, and then there’ll be a massive rebuilding effort.”
Read more »
Cut your way into the cooking world with this $100 knife setThey slashed the price on this knife set.
Read more »